SHT subsidiary prepares for production scale-up
Bildkälla: Stockfoto

SHT subsidiary prepares for production scale-up

The technology company SHT Smart High-Tech says in a newsletter that the company has taken further steps toward industrial scaling through improved production readiness, organizational strengthening and strategic collaborations.

Production has focused on stability and quality, with ongoing work on CE marking, validation and HSE processes. At the same time, the organization has been strengthened with key recruitments in areas including production, finance and research, including a change of CFO.

The collaboration with Henkel is described as value-creating, including in quality and certification work, and has resulted in a customer order with an advance payment of USD 700,000. The subsidiary Shanghai Ruixi is preparing to scale up to three-shift operations seven days a week.

"In parallel with serial production of existing products, the company has made progress on next-generation products, which are now in phases of customer validation and commercial discussions. This creates conditions for future revenue streams and growth," SHT writes in a comment.
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